The Complete Guide to ETF Portfolio Management: The Essential Toolkit for Practitioners
- 4h 37m
- Scott M. Weiner
- McGraw-Hill
- 2021
Exchange Traded Funds (ETFs) are growing and they’re growing fast. With more than $5.5 trillion in assets and cash flows exceeding those of mutual funds over the last several years, ETFs have become the dominant investment vehicle of our time.
Now, The Complete Guide to ETF Portfolio Management provides everything you need to know to manage an ETF with the knowledge and skill of a seasoned pro.
As Janus Capital’s first ETF Portfolio Manager, Scott Weiner helped build much of the infrastructure around Index-based ETF Portfolio Management for the global asset management group Janus Henderson. In this comprehensive and insightful guide, Weiner provides:
- Hands-on, how-to guidance for successfully managing an ETF portfolio
- A model ETF illustrating key management concepts
- Clear examples of issues you’ll likely face, including corporate actions, tax management, and cash management
- Expert insight into advanced topics that capture the nuance of portfolio management
- Practical advice for managing an ETF in volatile markets
With The Complete Guide to ETF Portfolio Management, you have everything you need to know to launch an ETF, optimize tax efficiency, handle complex corporate actions, close a fund when it’s not raising assets―and everything in between.
About the Author
Dr. Scott M. Weiner is the Head of Quantitative Strategy and senior Portfolio Manager for the Exchange-Traded Products team at Janus Henderson Investors. He is a member of the firm’s Index Committee and serves on the Board of Directors for the Janus Henderson Foundation. Prior to his tenure at Janus Henderson, Dr. Weiner was the U.S. Head of Equity Derivatives and Quantitative Strategy at Deutsche Bank and was a Lecturer at Oxford University. His research has been published in Mathematical Finance; The Journal of Money, Credit and Banking; and The Journal of Business and Economic Statistics. Dr. Weiner earned a bachelor’s degree in economics from the Wharton School of the University of Pennsylvania, received his master’s and doctoral degrees in economics from Oxford University, and completed the Advanced Management Program at Harvard University. He is the founder of Veterans on Wall Street (VOWSTM). Follow Dr. Weiner at linkedin.com/in/ScottMWeiner or visit swetf.com.
In this Book
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Introduction
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Birth of an ETF
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The ETF Ecosystem
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The Underlying Index
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Index Rebalance
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ETFs and the Primary Market
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Launching the Fund
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Tracking Error
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Transaction Costs
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Taxes
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Cash
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Corporate Actions
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Custom In-Kind Baskets
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Portfolio Rebalance
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Managing an International ETF
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Actively Managed ETFs
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Fixed-Income ETFs
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Leveraged and Inverse Exposures
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Market Turbulence
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Representative Sampling
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Closing an ETF
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Glossary
